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The process of lending and relending money

The strategic planning process is significantly effected by innovation Identify and explain the areas where innovation must be considered and identify and explain two impact issues in each.

The process of lending and relending creates money throughout the banking system As a result of Ellen’s deposit, how much money, in the form of deposits, has been created so far? If this process resulting from Ellen’s deposit continues forever, how much money will be created?


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